BlueFin sell pressure over? Signs of divergenceBLUE is still on a downtrend however, it is possibly looking for a change of direction of the trend. As momentum and trend oscillators are showing class A bullish divergence it would be good to see market structure confirmation. A CHOCH would give us a few data points to confirm a pivot structure.
BLUEFIN - Bullish!Beautiful chart!
The price has retraced to Fib 0.618, consolidated in that level and now moving up. Momentum indicators are in the bull zone.
Anywhere below 0.6 is a good entry point if you are not leverage trading. I bought this asset between 0.43-0.47 zone in the last few weeks. I intend
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy